Task:
The compensation program must be designed well to protect both employers and employees. If performance measurements are sloppy or ill-defined, a strong performance may go unrewarded, while a weak performance may go unnoticed. In this assignment, you will consider how to implement each form of performance-based pay.
Write a paper that includes the following components:
1. Refer to the four major forms of performance-based pay and describe an overview of the types of design choices and implementation choices you would make for each. You should spend about half a page on each pay type.
2. Select one of the following as the most strategic means of motivating and rewarding employees: recognition awards, incentive pay, or earning-at-risk pay. In about a page, defend your choice through a discussion of all three types.
Part 1:
In this assignment, you will design the ideal benefit and services plan from two perspectives: that of the employer and that of the employee.
Write a paper including the following components:
*A discussion of the employer's ideal plan, including reasoning for each selected component.
*A discussion of the employee's ideal plan, including reasoning for each selected component.
*Make sure to include references to the mandatory and voluntary benefits and services (such as savings, healthcare, paid leave, and work-life benefits) described in the textbook as you compose these plans.
Part 2:
For this assignment, imagine a large company whose employees are not unionized has just hired you as HR manager. The CEO supports unionization and wants you to drum up employee interest in the topic.
Write a company-wide report on the subject of unionization and collective bargaining that includes the following components:
* An explanation of how unionization and collective bargaining will be implemented at the company and how they would be advantageous for employees.
* A list of reasons that joining the union is an attractive option for employees
* An explanation of how union contracts will be administered and/or how collective bargaining will be conducted at the company.